![]() The AMI is calculated and published each year by HUD. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Each household's income is compared to the incomes of all other households in the area. Area Median Income In JoplinĪffordable housing program eligibility is always determined by one's income. In Joplin, a household making less than $2,330 a month would be considered overburdened when renting an apartment at or above the median rent.Ĥ7.61% of households who rent are overburdened in Joplin. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Joplin is $38,169 a year, or $3,181 a month. 43.12% of households in Joplin are renters. There are 20,930 households in the city with an average household size of 2.35 persons. Joplin is a city in Jasper County, Missouri with a population of 51,042. ± 4.87pp Total Population 51,042 Population and Household Demographics ±$28 Percentage Of Renters Overburdened 47.61% Total Affordable Apartment Properties 26 Total Low Income Apartments 1,793 Total Housing Units with Rental Assistance 782 Percentage of Housing Units Occupied By Renters 43.12% Average Renter Household Size 2.22 Average Household Size 2.35 Median Household Income $38,169 Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Joplin, Missouri Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Joplin, Missouri for a two-bedroom apartment is between $739 and $903. The average voucher holder contributes $300 towards rent in Joplin. On average, Section 8 Housing Choice vouchers pay Joplin landlords $400 per month towards rent. Housing Choice Vouchers in Joplin, Missouri There are 1,011 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Joplin. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Joplin features 782 income based apartments. Joplin, Missouri Affordable Housing Data Income Based Apartments in Joplin, Missouri
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